Industry Research and Development (Regional Decentralisation Agenda—Securing Raw Materials Program) Instrument 2021

I, Andrew Gee, as delegate of the Minister for Industry, Science and Technology, make the following instrument.

Dated 24 June 2021

Andrew Gee

Minister for Decentralisation and Regional Education

Contents

1 Name

2 Commencement

3 Authority

4 Definitions

5 Prescribed program

6 Specified legislative power

7 Eligibility criteria relating to program

1  Name

  This instrument is the Industry Research and Development (Regional Decentralisation Agenda—Securing Raw Materials Program) Instrument 2021.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under section 33 of the Industry Research and Development Act 1986.

4  Definitions

  In this instrument:

Act means the Industry Research and Development Act 1986.

program: see subsection 5(1).

5  Prescribed program

 (1) For the purposes of subsection 33(1) of the Act, the Regional Decentralisation Agenda—Securing Raw Materials Program (the program) is prescribed.

 (2) The program provides funding for businesses to do one or more of the following activities:

 (a) relocate to regional areas;

 (b) establish new operations, branches or outposts in regional areas;

 (c) partner with regional universities or research organisations to conduct research and development in relation to locally sourced raw materials;

 (d) commercialise the outcomes of that research and development;

 (e) establish new facilities in regional areas to extract, process, use or otherwise add value to locally sourced raw materials.

 (3) The purposes of the program are to:

 (a) expand industry in, and the economic resilience of, regional Australia; and

 (b) establish, secure and strengthen the supply of innovative or improved raw materials to Australian industry; and

 (c) increase the competitiveness and productivity of businesses through access to innovative or improved raw materials; and

 (d) improve the research, investment and economic capacity of regional Australia.

6  Specified legislative powers

  For the purposes of subsection 33(3) of the Act, the power of the Parliament under paragraph 51(xx) of the Constitution to make laws with respect to foreign corporations and trading or financial corporations formed within the limits of the Commonwealth is specified.

7 Eligibility criteria relating to program

  For the purposes of subsection 33(4) of the Act, the eligibility criteria relating to the program include the requirement that applicants must be trading corporations to which paragraph 51(xx) of the Constitution applies.